It would be boring for altcoin holders for the next 6 months.

in hive-103599 •  4 months ago  (edited)

1000015706.jpg

Source: TradingView

Last month, the BTC(Bitcoin) 4th halving proceeded. I think the BTC dominance in Apr will be likely this cycle's top. Because, the BTC dominance tends to rapidly decrease 6 months later of BTC halvings in average.

Therefore, I expect that the third altseason will likely start in Oct this year. Even if many altcoin prices try to increase again before Q4, they will be limited of increasing rates.

I think many newbies and retail investors will miss opportunities for the next altseason. They're just trying to take small profits and don't wanna be patient. I saw the pattern in 2020.

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  ·  4 months ago Reveal Comment